Australia’s property boom presents growing franchise opportunities

Sarah Stowe

When it comes to your next franchising opportunity, Citiwide Homeloan’s Mortgage broker, Sean Kehoe, says that every home is an opportunity.
 
“Once you build up your client base, the world is your oyster. There is so much work out there; when you drive past a home, there is likely going to be a mortgage attached to it so there are opportunities everywhere” he says.
 
It is this driven mentality of the self-employed that drives Citiwide franchisees to succeed.
 
Freed from the shackles of the confined workplace, and given the authority to work on their own terms, in their own time, is the very essence of business ownership.
 
New to the Citiwide franchise network, Kim Davie, says she researched other opportunities before choosing Citiwide and so far, loves it.
 
“I love the fact that I work from home quite a lot, and if I need a ten minute break, or want to get up, have a stretch, go and read the kids a book… I can work after hours, when everyone’s in bed. The flexibility is so golden for me,” she says.

Start your own mortgage broking business

Australia’s property market has been booming for years and will likely continue to do so as the population increases year on year. 
 
According to the Australian Bureau of Statistics (ABS) data, in Melbourne alone the predicted population increases will create a need for an additional 620,000 homes/households by 2030.
 
Where in the past, Australians would go to their banks to take out a home loan, the switch to online banking has meant some branches have closed down and there is less focus with banks on relationship building. 
 
With no loyalty to banks, and a greater variety of options available from mortgage brokers, lenders are inevitably more inclined to seek the services of a broker in order to find suitable finance and for advice about solutions that match their individual needs.
 
A survey commissioned by the MFAA reports that brokers were responsible for almost 52 per cent of new home lending in the 2015 March quarter, with brokers responsible for 71 per cent of the industry’s $44.2 billion increase in mortgage lending.

Is mortgage broking right for you?

With a business built upon repeat clientele and recommendations, it’s incredibly important for mortgage brokers to be personable, friendly and helpful.
 
The best mortgage brokers are focused on relationship building and good customer service, and by getting to know the client personally, they can facilitate access to finance based on their circumstances. 
 
Since trust is very important when it comes to finance, so too is branding; that’s where Citiwide come in.
 
As a Citiwide franchisee you can run your own mortgage broking business with ease, under the guise of one of Australia’s most well-known mortgage brokers.
 
Whether you understand the market already or have no experience in it at all, as a Citiwide franchisee, you’ll get the training and back up support you need to run a successful business.
 
With an MFAA Certified Mentor assigned to assist you with refining and perfecting your sales processes, it won’t take long for you to start building up your loan book and a great passive income.
 
Ongoing, there are also opportunities for further learning, with Citiwide organising a range of programs and workshops to keep skills up-to-date and your business relevant.
 
Want the freedom to work the hours you want, from wherever you want?
 
Click here to find out more about becoming a Citiwide Homeloans Franchisee.